Online shoppers in the Middle East and North Africa (MENA) region is growing exponentially, bringing the regional e-commerce market to unprecedented expansion, according to industry reports.
STC to launch $500m venture capital fund for tech start-ups
Saudi Arabia’s telecoms giant STC has announced that it will set up a $500 million venture capital fund to invest …
SoftBank buys $4 billion stake in Nvidia
SoftBank Group has reportedly bought a $4 billion stake in Nvidia, a move that makes it the fourth-largest shareholder in the graphics chipmaker company.
Qatar launches investigation on QNA hacking
Qatar has begun an inquiry into a security breach by hackers who posted fabricated remarks on its national news agency’s platforms by its ruler.
compareit4me.com secures $3.5 million in funding
compareit4me.com has raised $3.5 million from its existing investors, including STC Ventures, Wamda Capital, Dubai Silicon Oasis Authority and Saned Partners, in its latest phase of funding.
Qatar news agency hacked by ‘unknown entity’
Qatar said today that its official state news agency, QNA, was hacked and subsequently carried a “false statement” on sensitive regional topics attributed to the country’s Emir, Sheikh Tamim bin Hamad Al-Thani.
Noon CTO Omar Kassim resigns
Omar Kassim has stepped down from his role as chief technology officer at Noon.com.
Seclore expands channel director role
Seclore Technologies, a provider of Enterprise Digital Rights Management (EDRM) solutions, has announced the expansion of the role of regional channel director …
Epicor recognises top performing customers
Epicor Software Corporation, during its Customer Summit MENA, in Dubai has announced the winners of the 2017 Epicor Customer Excellence Awards programme for the Middle East region.
SoftBank tech Vision Fund closes $93 billion of funding
The SoftBank Vision Fund has announced its first major close with over $93 billion of committed capital, including the $15 …
Alabbar claims noon still on track for 2017 launch
Emaar Properties chairman and founding partner of noon.com Mohamed Alabbar has confirmed that the e-commerce platform will open for …
Logicom launches e-commerce site for partners
Logicom, a regional distributor of technology solutions and services, has launched an e-commerce site, www.logicompartners.com, for partners in the UAE. …
Fortinet honours Middle East channel partners at PartnerSync
Fortinet has announced the winners of its 2016 partner of the year awards for the Middle East region.
MENA users spend 57.6m more hours on Facebook during Ramadan
Facebook has shared insights and data from its IQ research that examines Ramadan consumer technology usage across the Middle East …
WannaCry: Should you pay or fight it?
The ransomware, christened WannaCry, has struck systems around the world on Friday. Tahawaul Tech spoke to some of the users and security pros to find out what local companies can do to combat this new threat.
Mubadala pledges $15 billion to SoftBank’s Vision Fund
Abu Dhabi’s Mubadala Investment has announced plans to invest $15 billion in SoftBank Group Corp’s Vision Fund and start two new venture capital funds to build its technology holdings.
Apple surpasses $800bn valuation mark, approaches $1tn
Apple has managed to land a $1 trillion valuation estimate from US broker Drexel Hamilton, as the race for the company that will surpass the trillion-dollar mark heats up.
UAE businesses fall behind in EMEA IoT adoption: Aruba study
The IoT market remains disjointed in the EMEA region, due to a disconnect between IT and business departments over what IoT is and how it should be used, according to a new survey by Aruba.
SoftBank nears $95 billion investment announcement
SoftBank Group Corp. is close to announcing commitments of as much as $95 billion for its technology fund, according to Bloomberg. …
MallfortheWorld unveils Middle East e-commerce platform
MallfortheWorld has announced that consumers in the UAE, Saudi Arabia and Qatar will now have access to over 150 of …